A federal judge ruled on Friday that Detroit’s request to table three lawsuits filed by Ingham County creditors was valid, thus pushing aside a major roadblock in the city’s Chapter 9 bankruptcy case. This ruling overrode...
Category: bankruptcy_blog
Student Loan Debt is Crippling America
Student loan debt can be a crippling millstone around a debtor’s neck. Education costs have skyrocketed and loan debt has shot up as well, topping $1 trillion this past year. Now that a college degree is no longer a...
How To Spot Credit Counseling Scams
Credit card debt in the U.S. is at nearly $1 trillion dollars. With credit card debt spiraling out of control, many are turning to credit counseling services for help in alleviating this debt. While many – even most –...
Chapter 13 v. Chapter 7: Which is Best?
When considering filing for bankruptcy, it can be confusing to decide which type of bankruptcy filing is best for you. Individual circumstances vary greatly, and consulting the aid of a professional bankruptcy attorney is...
Although it can seem impossible at times to avoid debt or to stay financially ahead, there are many small things you can do to try to make a dent in your debt or put a few more pennies in the savings account. A few simple...